What is there to do with bitcoins these days ? - page 11.

Ayers

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Leading Crypto Sports Betting & Casino Platform

Quote from: olubams on August 24, 2016, 11:43:59 AM

Quote from: Ayers on August 24, 2016, 11:38:41 AM

Quote from: lienfaye on August 24, 2016, 05:12:42 AM

Just hold your bitcoin and when the value increase you can earn from it, i also trade and earn but it will take time atleast i do something that i know in time i can earn. it has risk but its worth it if you try. dont be negative because you wont gain anything if you have that mindset.

if you don't do trading you will not increase your amount of bitcoin, if you just hold you will only increase the fiat value of your coin, i think the OP want to increase is amount also, i would suggest to invest in altcoin best revenue for now

In my opinion, there are millions of things to do with bitcoin, its just like what can I do with money? I have a lot of things to do with it. So far Bitcoin can be converted to FIAT then there is no limitation in what one can do with it... But if you still want to keep it as coin then you can trade it to make more, keep it for its value to increase or even gamble it is another option

i agree but one should look at the most profitable investment, with the less risk and the faster roi, and i think the altcoin scene or bitcoin trading are the way to go, other investment outside of cryptoworld are really too slow, and the fiat world the % returned is very low comapred to here

Hannu

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Quote from: Begd1540 on August 24, 2016, 03:46:23 AM

Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?

Bitcoin is worth or USD/EUR, property, Oilfutures and gold.
Mining is not profitable if you dont have small mining farm example 10 PH/s

olubams

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Quote from: Ayers on August 24, 2016, 11:38:41 AM

Quote from: lienfaye on August 24, 2016, 05:12:42 AM

Just hold your bitcoin and when the value increase you can earn from it, i also trade and earn but it will take time atleast i do something that i know in time i can earn. it has risk but its worth it if you try. dont be negative because you wont gain anything if you have that mindset.

if you don't do trading you will not increase your amount of bitcoin, if you just hold you will only increase the fiat value of your coin, i think the OP want to increase is amount also, i would suggest to invest in altcoin best revenue for now

In my opinion, there are millions of things to do with bitcoin, its just like what can I do with money? I have a lot of things to do with it. So far Bitcoin can be converted to FIAT then there is no limitation in what one can do with it... But if you still want to keep it as coin then you can trade it to make more, keep it for its value to increase or even gamble it is another option

xJuturna

sr. member

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Using bitcoins to earn a profit is pretty similar if not exactly the same as doing it with fiat. You can use exchanges, sports bet, gamble, hold your coins for a price increase, etc. It's up to you what you do with them but I think most people will try to slowly and safely increase their bitcoins. You can start a faucet and make money from ad revenue, you could start and exchange or research into alt coins. There's too many things to name.

Ayers

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Leading Crypto Sports Betting & Casino Platform

Quote from: lienfaye on August 24, 2016, 05:12:42 AM

Just hold your bitcoin and when the value increase you can earn from it, i also trade and earn but it will take time atleast i do something that i know in time i can earn. it has risk but its worth it if you try. dont be negative because you wont gain anything if you have that mindset.

if you don't do trading you will not increase your amount of bitcoin, if you just hold you will only increase the fiat value of your coin, i think the OP want to increase is amount also, i would suggest to invest in altcoin best revenue for now

randy8777

legendary

Activity: 896

Merit: 1000

Quote from: Begd1540 on August 24, 2016, 03:46:23 AM

Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?

well, i am a trader myself, and i have to say that trading does bring in nice returns for me. especially when there is enough volatility. currently for this month i'm up like 5% in profits from trading. with enough volatility, i some times get to make profits ranging from 15-20% in just a month. trading with the current stability is difficult, but still doable. it costs more time, and the rewards are lower, but i prefer profit over everything.

BitHodler

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People expect too much from Bitcoin. I know it's interesting to work on increasing your coin stash, but some times you have to be happy with what you have.

There is no point into trying to find ways to make profit. People are mostly forcing themselves to make profits, but it doesn't always work like that.

Why?
1- Market is too calm for the average traders, so it's better to sit back and do nothing.
2- Investing your coins into something is too risky, so again, it's better to keep holding.
3- Mining is over as you also said, so another option you can write off.
4- Investing in altcoins is also too risky as people purely depend on pumps and dumps there, so once again, keep holding.

TLDR; Hold your coins.

pedrog

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Activity: 2786

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Quote from: Begd1540 on August 24, 2016, 03:46:23 AM

Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?

You can't even use it as currency, well, you can in a very small amount of places, there are the dark markets if you're into that.

Also network is usually congested and one has to pay extra attention to that, not worthwhile.

The only thing left to do is hold and hope for increased value in the future.

Cuhua-hua

newbie

Activity: 42

Merit: 0

Quote from: amanojaku on August 24, 2016, 08:16:02 AM

spend it for gambling and find some fun there
so it will be no dead again

Do you speak that gambling is a place for profit ..?? . I think that's not a good thing to do if we want to have a lot of money in a short time. Because gambling spot for it, but just for looking for fun

amanojaku

member

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spend it for gambling and find some fun there
so it will be no dead again

Rubberduckie

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Quote from: Begd1540 on August 24, 2016, 03:46:23 AM

Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?

personally I use it for gambling and lately I have been investing
it in casinos and making a nice little %.

Never got into trading cause the price is to easily manipulated.

eddyubachs

hero member

Activity: 812

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There are many things you can do with bitcoin, I am using it mainly for gambling as its very easy and convenient to use it as it ensures you full privacy when you gamble with bitcoins.

markisanon2434

full member

Activity: 154

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Dapps will be the game changer

There are lots of things to do with bitcoin, but it can be summarized into investments and purchasing. You can simply get a couple of bitcoins and hold on to it for some years and you should be getting a hefty or at least a decent gain from your investment.

You can use it invest or purchase various altcoins, join ICO or just gamble. Maybe you can try to get some newbies into bitcoins by giving them some and slowing the capabilities of bitcoin as well as blockchain.

LordCoder

hero member

Activity: 712

Merit: 500

Purchasing anything you need online with security, most sites I need accept Bitcoin already so it's a plus for me.

deisik

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English ⬄ Russian Translation Services

Quote from: Begd1540 on August 24, 2016, 03:46:23 AM

Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?

There are always opportunities, the problem is that most of us don't see them, neither do we ever try to find them in earnest. For example, around a year ago I was seriously considering testing waters with mining altcoins. Wtf, I even ordered some top-of-the-line graphics card for that purpose. But at the very last moment I changed my mind and cancelled that order...

Now it seems that I somewhat regret that decision

warwar

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Activity: 798

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Quote from: Begd1540 on August 24, 2016, 05:28:17 AM

Quote from: sweeeter on August 24, 2016, 05:24:58 AM

Quote from: Begd1540 on August 24, 2016, 03:46:23 AM

Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?

Sorry but I can't take you seriously. This month alone I have made very good money on, XMR, Dash, Lisk, Stratis and ETC. I won't give you a number but to say it wasn't much profit is laughable lololol

Well I mean thats great to hear nd I hope I can follow in your footsteps

You can be like him soon bro Cheesy

just learn Cheesy

study all you want to learn and achieve it Cheesy

you have a lot of sources that it can help you Cheesy

. Sometimes you fail but that doesnt mean that you should give up and walk away from your failures get some knowledge about it and dont do it again Cheesy

And never ever give up bro Cheesy

TraderETH

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Quote from: Begd1540 on August 24, 2016, 03:46:23 AM

its seems like trading/exchange doesnt give you much of a profit ,

Yes you are right trading doesn't give me much of a profit, but it is more better than than another instrument of Investment are like (faucet,cloud mining and another instrument of Investment) because on trading we can make cut lost. If condition of price doesn't give chance for making profit.

Xenophoto

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Activity: 826

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Quote from: Begd1540 on August 24, 2016, 05:37:06 AM

Thats a good idea as well , ill keep in mind whats a signature contract though ?

Signature campaign simply is a contract that you're advertising a company for a certain period of time, mostly for a week. You get paid for that. You can notice that we have an advertisement below our posts, it's an advertisement from a certain company and we get paid for that.

You're still a newbie and there's not much that you can do with your signature but you can do some research and look for 777coin or bitvest signature campaign. You can join either of those two. It doesn't pay that much in your rank but as your rank goes up, the payrate gets better and better.

stromma44

hero member

Activity: 952

Merit: 1000

I am holding it for the future and also investing in altcoin trading as the margin of profit is too high in it which can help me in multiplying my coins in long run.

Begd1540

newbie

Activity: 11

Merit: 0

Thats a good idea as well , ill keep in mind whats a signature contract though ?

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